Sir in public issue we have to reserve 75%minimum or 50% maximum for QIB as the case may be, and 5% to mutual fund out of the QIB portion, Then 60% of QIB portion should be reserved for anchor investors Sir my question is whether we have to deduct the 5% of mutual fund reservation from the QIB portion then allot 60% to anchor investors????

No, you do NOT deduct the 5% Mutual Fund reservation first before calculating the 60% Anchor Investor allocation. Under Regulation 32 of the SEBI (ICDR) Regulations, 2018, the 60% maximum limit for Anchor Investors is calculated directly on the total QIB Portion. The 5% Mutual Fund reservation is applied to the remaining QIB portion (Net QIB Portion) that is available to the general public during the main bidding window.

Answer given by Shubhamm Sir at 21-Oct-2026 08:16 AM

Pratik ( Kalyan )

Anchor investors